The Latest Breaking News from Crocs Inc

With rising disposable income, growing online shopping trends, and changing consumer sentiments, the fashion & luxury industry is continuously growing. Thus, it could be ideal to buy fundamentally solid fashion & luxury stocks Crocs (CROX), PVH (PVH), and H & M Hennes & Mauritz (HNNMY). Keep reading.

The consumer discretionary industry is expected to be spurred by economic growth, growing spending, and rapid digital influence this holiday season. Thus, it could be ideal to buy fundamentally solid consumer discretionary stocks Amazon.com (AMZN), Ross Stores (ROST), and Crocs (CROX) before the holiday season. Keep reading.

The Fed launched its third consecutive 75-bps rate hike on Wednesday, and further rate hikes could be on the horizon. As the Fed tries to tame the raging inflation, recession fears are rising. Given this backdrop, high-risk stocks Robinhood (HOOD), Norwegian Cruise Line (NCLH), Crocs (CROX), Dave & Buster's Entertainment…

Crocs Inc (NASDAQ:CROX) reported first-quarter FY22 sales growth of 43.5% year-on-year, to $660.15 million, beating the consensus of $621.88 million. Wholesale revenue grew 48.7%, and Direct-to-consumer (DTC) sales increased 34.6% Y/Y. HEYDUDE Brand revenues were $114.9 million for the period following the closing of the acquisition on February 17, 2022, through March 31, 2022. Adjusted…

Crocs Inc (NASDAQ:CROX) has decided to pause its direct-to-consumer business, including e-commerce and retail operations, in Russia. The company has also paused the import of goods into the country. Crocs said all of its corporate and retail staff in Russia will continue to receive pay during this pause.  "While our decision to…

Crocs Inc (NASDAQ:CROX) reported fourth-quarter FY21 sales growth of 42.6% year-on-year, to $586.6 million, beating the analyst consensus of $585.02 million. Wholesale revenue grew 40.3%, and Direct-to-consumer (DTC) sales increased 44.5% Y/Y. Adjusted EPS of $2.15 beat the analyst consensus of $2.00. The gross margin and the adjusted gross margin rose 770 basis…